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week until the fiscal cliff. some senators are expressing concerns that a deal will not be met in time. if that happens, households with incomes between 50 and 75,000 would see their incomes rise $24. households -- as americans hit the road for holiday travel, they'll be paying less at the pump. according to aaa, the average is $3.25 for a gallon of regular, down 18 cents from a month ago. send it back to you. >> thanks very much. have yourself a good holiday. okay. >> [ laughter ] >>> you will be allowed to roast chestnuts on an open fire in this bay area this christmas eve; but the air quality district management refers you have no open fire at. as the rain and wind let up, air pollution starts to build up. there's a chance tomorrow could be declared a spare the air christmas day. experts say wood young will improve the chances it will be allowed tomorrow. >> there's a blue ray disk of a fireplace you can put in your tv and have yourself a monster fire. >> look at that. did you call for that? >> erica couldn't hear me. >> i don't think it will be a fair day tomorrow. we have a storm
. >> thank you. >>> there's more urgency in washington to get a deal done before the so-called "fiscal cliff" deadline less than a week from now. senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying j
the "fiscal cliff" today. but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon a new poll finds the gop gets the biggest share of the blame for the big stalemate. >> both sides have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is getting itchy for an agreement. its employees are now writing "come together" on coffee cups sold in its d.c. stores to encourage compromise. hopefully they will get something done. >>> hawaii's lieutenant governor brian maass will brian schotts will take the place of deceased senator daniel inouye. he wanted a woman to replace him, and she made it to the final round of consideration but didn't win the nomination. >>> former president george h.w. bush is in intensive care with fever and cough. he was admitted more than a month ago with bronchitis. he was moved to the icu sunday. a family spokesman says the 88- year-old is alert joking with doctors but had yet to respond to fever-reducing medicine. so we wish him well. hope he gets bette
on this fiscal cliff there are to try and avoid the deadline that's coming up. on thursday when the senate comes back into session most of the house of representatives will also be back and the president is going to work if hawaii to try and get -- from hawaii to try and get everybody to work together but at this point it seems like the deadline is just looming. >> we've been talking about this for a good month plus now. is it too late? they have so little time. can they get something together and actually save this before -- before new year's? >> reporter: well, frank as you've seen, in washington the 11th hour deal comes out all the time. in past years senator mitch mcconnell stepped in and been able to negotiate a compromise. this time through twitter he's telling folks that he is not going to step in. he says that the president needs the lead. now our sources saying that senate majority leader harry reid is working on his own plan. it's a smaller package that he's working on. that package would avoid middle class tax hikes that would happen if this fiscal cliff deadline comes. his package al
. congressional leaders will talk with president obama trying to avert the "fiscal cliff." ed payne tells us they only have four days. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want
. >> the senate will come to order. >> reporter: as lawmakers work on a voiding the so-called "fiscal cliff." talks briefly hit a, quote, major setback on sunday over social security benefits according to a democratic source. but both sides agree to push forward. >> i want everyone to know i'm willing to get this done. but i need a dance partner. >> reporter: vice president joe biden is apparently that person for senate minority leader mitch much. top level sources say the two are taking over talks. if nothing is resolved by midnight tax rates for all americans will increase. democrats say it means about $2,000 for the average middle class family. >> one mom said to me in michigan, that's four months groceries. that's commuting back and forth to work in gas for up to three years. that's a lot of money. >> reporter: democrats want higher taxes on families earning $250,000 a year and over. republicans want tax rates to stay where they are. taxes seem to be the biggest obstacle to a compromise. but others want to see government spending put in check. >> the president is doing nothing about the
Search Results 0 to 5 of about 6